Betting shops were legalised in 1961. Nowadays, with a betting shop on most high streets, there are approximately 8,500 in Great Britain.
Bookmakers directly support about 40,700 full-time jobs and indirectly support a further 62,300 making a total of well over 100,000 employees. The industry offers a high number of jobs to those with few formal qualifications, boosting employment opportunities and skills development.
Over and above normal business taxes, bookmakers pay general betting duty on their profits. Bookmakers collectively pay £700 million per annum in tax, which is about the same as they make in profits before tax.
The Association of British Bookmakers is the leading trade association for high street bookmakers.
ABB members are mindful of their responsibilities to the communities within which they operate.